18 Jul 2016 07:00
18 July 2016
SIRIUS PETROLEUM PLC
("Sirius" or "the Company")
Federal Ministry of Environment Approval
Sirius Petroleum Plc (AIM: SRSP), the investing company focused on oil and gas exploration and development opportunities in Nigeria, is pleased to announce that the Nigerian Federal Ministry of Environment has approved the Environmental Impact Assessment Survey ("EIA") on the Ororo Field Licence (OML 95) ("Licence").
Environmental Impact Assessment ("EIA") Approval
The Company announced on 22nd April 2016, that Sirius, together with its partners, Guarantee Petroleum and Owena Oil & Gas ("Partners") had submitted the Environmental Impact Assessment (EIA Survey) for approval with the Ministry of Environment in accordance with the Department of Petroleum Resources ("DPR") guidelines and regulations.
The Company is pleased to announce that approval has been granted by the Federal Ministry of Environment regarding the Environmental Impact Assessment ("EIA") which covers the drilling of 3 wells on the Ororo Field and the installation of wellhead platforms.
In accordance with standard Federal Ministry of Environment conditions, Sirius and its Partners will maintain the required environmental management plan and environmental audits.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
Enquiries
Sirius Petroleum plc Bobo Kuti | +44 (0) 20 3740 7460 www.siriuspetroleum.com
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Cairn Financial Advisers LLP Tony Rawlinson / Emma Earl
| +44 (0) 20 7148 7900
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Cantor Fitzgerald Europe David Porter / Sarah Wharry
| +44 (0) 207 894 7000
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Gable Communications Limited John Bick | +44 (0) 20 7193 7463 Email: srsp@gablecommunications.com |